Homes for Rent in Lake Oswego, OR

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What to Know About

Life in Lake Oswego & Beyond

Lake Oswego shares many of the great qualities that make Oregon a desirable place to live.

Oregon is where stunning landscapes meet majestic mountains. Immerse yourself in the state's rich history and heritage by visiting the Oregon Museum of Science and Industry, the Portland Art Museum, and the Oregon Historical Society. Or further your education at top-ranked universities like the University of Oregon and Oregon State University. Oregon's diverse and growing economy, driven by technology, agriculture, and tourism, offers ample employment opportunities.

The state offers a rich landscape for outdoor enthusiasts, from skiing in the Cascade Mountains and hiking the Columbia River Gorge to exploring the rugged Oregon Coast. Sports fans can also cheer for the Portland Trail Blazers (NBA) or take in a game at Autzen Stadium or Moda Center. Discover famous attractions like the International Rose Test Garden, Powell's City of Books, and the breathtaking Crater Lake National Park. And remember to take in the spectacular views of the Oregon Coast, which stretches for 363 miles along the Pacific Ocean.

With its scenic natural wonders, vibrant culture, and endless opportunities for adventure, Oregon is the perfect place to call home.

Rental Market Trends

Lake Oswego, OR

As of December 2025, Lake Oswego's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lake Oswego's average rent is 53.8% ($866) higher than the Oregon average of $1,610 and 39.9% ($706) higher than the U.S. average of $1,770.

Average Rent
$2,476
Monthly ChangeMonth Over Month Change
Decreased4.3% ($112)
Yearly ChangeYear Over Year Change
Decreased4.5% ($116)
Avg. Days on MarketAverage Days on Market
26
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,642 Decreased3% ($50) Increased0.7% ($12)
2 Beds $1,951 Decreased2.6% ($52) Decreased10.8% ($236)
3 Beds $3,150 Decreased1.9% ($62) Increased7.1% ($209)
Nearby Cities Average Rent Avg. Rent vs. Lake OswegoAverage Rent vs. Lake Oswego Avg. Days on MarketAverage Days on Market
Tualatin $1,603 Decreased35.3% ($873) 30 days
West Linn $2,053 Decreased17.1% ($423) 30 days
Gladstone $1,530 Decreased38.2% ($946) 30 days
Beaverton $1,612 Decreased34.9% ($864) 30 days
Portland $1,453 Decreased41.3% ($1023) 33 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Lake Oswego Rental Market FAQs

Explore rental prices, market trends, and availability in Lake Oswego, OR.

The average rent in Lake Oswego, OR is $2,476 per month.
Homes in Lake Oswego typically rent for between $1,149 and $4,095 per month, with an average of $2,476 per month.
In Lake Oswego, the average rent for a 1-bedroom home is $1,642 per month, for a 2-bedroom home, $1,951 per month, and a 3-bedroom home is $3,150 per month.
The average rent in Lake Oswego is 39.9% ($706) higher than the national average of $1,770 per month.
The average rent in Lake Oswego has decreased by 4.3% ($112) in the last month and decreased by 4.5% ($116) over the past year.
The rental market in Lake Oswego, OR, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Lake Oswego, OR, the average rental stays on the market for approximately 26 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 51 rental properties available in Lake Oswego, OR.
Based on the current averages, a household would need an annual income of $78,040 to comfortably afford a 2-bedroom home in Lake Oswego.
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